My primary occupation is building great businesses to foster sound money and rule of law around the world. The investment vehicle is just for financing purposes and maybe, although I'm not convinced at all, invest in startups.
So you are expanding mainly for now? Investing in startup may be tricky to pull off. It is a far shot from the lessons learned from Graham, Munger and Buffet!
For sure! Investing in public markets is very hard and only a handful of investors are able to beat the market. Startup investing is even harder. Unless you're in a hub such as San Francisco and you are very lucky, returns are bad. That's one reason why I'm not a fan of angel investing. The other one is that I like working with the founders and solving problems - unfortunately, angel investing is often about putting in some money and praying for the best.
Congratulations ! Let us know when you open up, should be interesting
My primary occupation is building great businesses to foster sound money and rule of law around the world. The investment vehicle is just for financing purposes and maybe, although I'm not convinced at all, invest in startups.
So you are expanding mainly for now? Investing in startup may be tricky to pull off. It is a far shot from the lessons learned from Graham, Munger and Buffet!
For sure! Investing in public markets is very hard and only a handful of investors are able to beat the market. Startup investing is even harder. Unless you're in a hub such as San Francisco and you are very lucky, returns are bad. That's one reason why I'm not a fan of angel investing. The other one is that I like working with the founders and solving problems - unfortunately, angel investing is often about putting in some money and praying for the best.